Free Trial

First Pacific Co. (OTCMKTS:FPAFY) Short Interest Update

First Pacific logo with Multi-Sector Conglomerates background
Image from MarketBeat Media, LLC.

Key Points

  • Short interest jumped 63.8% to 99,912 shares as of Feb. 27 (up from 61,005 on Feb. 12), with a very low short‑interest ratio of 0.8 days based on average daily volume — the report also notes an anomalous "0.0% of the company's stock are short sold" figure.
  • Shares slipped 2.8%, opening at $3.82 and trading below the 50‑ and 200‑day moving averages ($4.02 and $4.09); First Pacific’s 12‑month range is $2.67–$4.44 and its balance sheet shows moderate leverage (debt/equity 0.81) with liquidity ratios near 1.0–1.3.
  • MarketBeat previews the top five stocks to own by May 1st.

First Pacific Co. (OTCMKTS:FPAFY - Get Free Report) was the target of a large increase in short interest during the month of February. As of February 27th, there was short interest totaling 99,912 shares, an increase of 63.8% from the February 12th total of 61,005 shares. Currently, 0.0% of the company's stock are short sold. Based on an average trading volume of 117,752 shares, the short-interest ratio is currently 0.8 days. Based on an average trading volume of 117,752 shares, the short-interest ratio is currently 0.8 days. Currently, 0.0% of the company's stock are short sold.

First Pacific Stock Down 2.8%

FPAFY opened at $3.82 on Friday. The business has a 50 day moving average price of $4.02 and a 200 day moving average price of $4.09. First Pacific has a twelve month low of $2.67 and a twelve month high of $4.44. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.01 and a current ratio of 1.27.

About First Pacific

(Get Free Report)

First Pacific Company Limited is a Hong Kong-based investment management and holding company with a focus on Asia. Since its establishment in 1981, First Pacific has built a diversified portfolio of investments in consumer food products, infrastructure, natural resources and telecommunications. The firm's strategy centres on acquiring substantial minority interests in companies with strong regional positions and working collaboratively to drive sustainable growth and shareholder value.

In the consumer products sector, First Pacific's principal holding is in Indofood, one of Indonesia's largest vertically integrated food companies, known for branded noodles, flour, cooking oils and dairy products.

Read More

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in First Pacific Right Now?

Before you consider First Pacific, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and First Pacific wasn't on the list.

While First Pacific currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

(Almost)  Everything You Need To Know About The EV Market Cover

Looking to profit from the electric vehicle mega-trend? Click the link to see our list of which EV stocks show the most long-term potential.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines